Market Synopsis

Market Summary

The global Rotating U Disk market size was significantly robust in 2020 and is expected to register a rapidly reclining revenue CAGR over the forecast period. Key factors driving the rotating U disk market revenue growth include mounting demand for rotating U disk in several applications such as study, vehicle, office, and others, and growing need for this excellent data storage and transmission companion at the time of travelling and working.

Rotating U disk comes with the mechanism of spinning disk within a hard disk drive to which the memory is written. With rotating plates attached to an arm that writes the data, the mechanism of rotating U disk resembles a record player; with only one exception of being sealed within an enclosure. The technology of rotating U disk has been most popular of computer storage for decades. In spite of its constant physical size and uniform form factor, high accuracy and sophisticated design have allowed this rotating U disk to increase its capacity into the terabyte (TB) range. In most cases, a rotating U disk is deployed in a vehicle to store data. This device's rotating speed may be modified by pushing the buttons on it, allowing it to adapt its read/write performance as needed. Furthermore, using a USB cable or an SD card reader, consumers may download old files from their car's spinning U disc onto other storage media. These devices are present in various sorts of vehicles, such as lorries and buses, and have vast capacity, allowing them to access personal music collections while driving long distances for several hours at a time.

Market Drivers

Rotating U disk (also known as USB hard disc drive) is basically a hard drive in USB form, which has magnetic hard drive platters spinning/rotating inside the enclosure. Each rotating U disk has a bridge chip that is used to manage the way that the drive is installed on any operating system. This chip converts the drive form from IDE protocols to USB. Rotating U disks are utilised in a variety of applications, although they are most commonly employed as office storage medium. Office employees frequently need to save enormous files on their computers, which would take up too much space if kept on the PC or laptop's hard drive. Rotating U disks may be accessed using the device's optical disc reader and often contain many discs for increased capacity. Discs are classified into three types: read-only, write-once, and rewritable. When data is saved in Windows File Explorer, it is moved from one type of spinning hard disc to another by simply clicking "copy."

Rotating U disk sale price is same as a standard flash memory USB drive, however, the production cost of it is much lower. Also, rotating U disk is portable and small storage device, thus, it is much easier to carry for the users than other USB drive. Such advantages are augmenting demand for rotating U disk in various applications, which in turn is boosting the overall market size. Furthermore, various practical design features of rotating U disk and large capacity of U Disk have made them highly preferrable for daily home, school, work, and travel needs, along with being used for photos, music, video, file storage and transmission. This is another factor stimulating the demand in market, contributing to the rotating U disk market revenue growth.

Market Restraints

Higher failure rate than SSDs, along with lower capacity, average speed, and high price of rotating U disk, is one of the major factors restricting the overall revenue growth of the market. Besides, connection issues, corruption, and rewrite limitations are some of the other factors projected to hinder the rotating U disk market revenue growth between 2021 & 2028.

Market Insights:
Type Outlook:

Based on types, the rotating U disk market is segmented into USB 2.0 and USB 3.0. The USB 3.0 segment accounted for the largest revenue share in the global market in 2020. The USB 3.0 is the main type of rotating U disk, with reaching a revenue of USD 666.35 Million in 2019. One of the major factors driving segment revenue growth is the increasing use of USB 3.0 in a variety of applications such as schools, offices, and on a daily basis for large capacity data storage.

Application Outlook:

In terms of applications, the rotating U disk market is segmented into office, study, vehicle, and other. The office segment is expected to dominate other segments in terms of revenue share in the global market during the forecast period, owing to the rising use of USB 3.0 and USB 2.0 in various office or work-related applications.

Regional Outlook:

Asia Pacific Rotating U disk market is expected to account for the largest revenue share in the global market over the forecast period, owing to the presence of manufacturers in the market in the region. Moreover, various countries such as Japan, China, and India are contributing significantly to the growth of the Asia Pacific market. For instance, Taiwan had the largest global export quantity and manufacturers in the rotating U disk market, while China was the second-largest sales volume of rotating U disk market in 2019.

North America market is projected to register the highest revenue CAGR in the global market between 2021 & 2028. Rapid technological advancements and increasing need for sufficient data storage and transmission of data for several applications such as audio/video, photos, etc. are factors expected to boost revenue share of the region in the global rotating U disk market during the forecast period.

Companies considered and profiled in this market study

Kingston, SanDisk, Teclast, Eaget, PNY, Lexar, Apacer, Netac, Aigo, and Newsmy.

Major companies are adopting various strategies, including mergers, acquisitions, partnerships, and new product development, among others to stay ahead of the competition and expand market footprint and revenue share.

Segments Covered in the report

This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2028. The global rotating U disk market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global rotating U disk market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues. 

For the purpose of this report, Reports and Data has segmented the global Rotating U disk market on the basis of type, application, and region:

Type Outlook (Revenue, USD Billion, 2018 - 2028)

  • USB 2.0
  • USB 3.0

Application Outlook (Revenue, USD Billion, 2018 – 2028)

  • Office
  • Study
  • Vehicle
  • Other

Regional Outlook (Revenue, USD Billion, 2018 - 2028)

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • BENELUX
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

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Key questions answered by the report